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Office

Ukrainian state office opens a branch in Blue Office

Document State Enterprise, based in Kiev, has opened a branch in Poland. The administrative unit, directly cooperating with the Ukrainian government, began its operations in Blue Office in Warsaw. Walter Herz represented the owner of the building in the lease process
Friday, 12. August 2022

Kanam's LCI sells Pau Claris building in Barcelona

KanAm Grund Group’s open-ended real estate fund Leading Cities Invest has sold the Pau Claris complex in Barcelona. The company bought the property in 2019 and was able to sell it at a profit.
Friday, 12. August 2022

New office rents up 50% in Q2 2022

JLL data suggest that compared to the same period last year, net demand increased by more than 50% with tenants leasing 83,800 sq m of modern office space. Companies from the information technology, pharmaceutical and professional services sectors were particularly active. The current volume of Prague's office space stands at...
Friday, 12. August 2022

Millennium Gardens in Budapest received its occupancy permit

The first phase of Millennium Gardens „A+ category“ office building has received its occupancy permit. The north tower office building, designed by Finta Studio, using state-of-the-art architecture and sustainable solutions – is the final element of the Millennium City Center project in Budapest, developed by TriGranit.
Friday, 12. August 2022

Knowledge quarter welcomes Woodbourne Group

The property and investment company behind £360 million plans for the world’s first mixed-use, net zero carbon ready development in Birmingham has thrown its weight behind the growth of the city’s technology and innovation quarter.
Thursday, 11. August 2022

Kanał Sportowy to move in Konstruktorska Business Center in Warsaw

Kanał Sportowy, the most dynamically growing sports platform in Poland, has joined the group of tenants of Konstruktorska Business Center in Warsaw. The company occupies 512 m² of modern space located on the ground floor of the building belonging to Golden Star Group.
Wednesday, 10. August 2022

Empira Opportunities Fund performing well

Launched in 2020, the open special AIF “Empira Opportunities Fund” is performing well. So far €840 million have been invested to date, and an attractive return (ITD) of approximately 65% has been achieved.
Wednesday, 10. August 2022

Millennium Tower Vienna welcomes new tenant

One of Vienna's most impressive buildings has found a new tenant. Delta Car Trade Austria GmbH, with the support of Modesta Real Estate, has decided on an approx. 450 m² office space on the 16th floor of the Millennium Tower Vienna, owned by Art-Invest Real Estate Austria.
Wednesday, 10. August 2022

New office space and café launched at 1 City Square in Leeds

The stunning transformation of 1 City Square into one of Leeds’s finest office buildings continues apace. Hot on the heels of a £8million refurbishment comes the news that a new on-site cafe is opening next month, while a new fully-fitted, hi-spec office on the ground floor will be available from October.
Wednesday, 10. August 2022

Alstria announced solid results

Alstria Office REIT-AG remains on course in the first half of the year: The revenues developed as planned and reached € 91.6 million in the first half of 2022 (6M 2021: € 90.0 million). The increase by 1.7% is mainly due to revenues from new leases, indexations as well as revenues from leases of the properties acquired in 202...
Tuesday, 9. August 2022

Investment volume hits €2.88bn in H1 2022

Cushman & Wakefield has released a summary of the first half of 2022 on the Polish investment market. In the first two quarters of the year, Poland’s total commercial property investment volume was 44% higher than in the same period last year. Below are other key summary findings.
Monday, 8. August 2022